Asset Managers · Asset Servicing · Wealth managers

Waystone to provide ManCo services to Alger Management

Denis Harty of Waystone

Waystone Luxembourg on Tuesday said it will provide single-umbrella ManCo and related services to US-based Fred Alger Management’s SICAV range.

The partnership will add 600 million US dollars to Waystone’s AuM, raising it to 2,000 million US dollars and is part of the firm's international expansion effort in recent years.

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